as per the experts&rsquo prediction, in 2012, the global flexible plastic packaging market is likely to reach a value of 137bn, due to the trend of convenient and low cost packaging that is driving the global demand. the analyst company visiongain mentioned that the market of flexible converted plastic packaging is going to experience a strong growth in the coming decade out of which, a major portion will be derived from the promising markets. due to strong economic growth, there will be an increment in disposable income. this will also contribute to the growth in plastic packaging industry. according to the flexible converted plastic packaging market 20122022, study done by the visiongain, multinational companies in the developed markets will transfer their strategies to the soaring growth developing markets. the study further explains that the developed markets will be distinguished by consolidation. the study noted that when making a purchasing decision, globally, consumers are looking for the convenience. usefulness of flexible converted plastic packaging is offering convenience to customers and satisfying their demand. conversely, developed nations will notice declining demand due to the adverse effects of the recessions. as consumers will have lower income for dispose, the packaging demand is predicted to decline in developed nations. the turn down in packaging demand of flexible converted plastic packaging will not be as noteworthy as in some of the different materials such as glass. this is because the flexible converted plastic packaging is noted as more cost effective than other materials. source of information httpwww.procurementleaders.comnewsnewsflexibleplasticpackagingspendtoreach1…  
